Bitcoin Mining Profit in Montana

At Montana's average industrial electricity price of 7.03¢ per kWh, a 200 TH/s machine using 3,500 W would make about $0.54 a day at today's hashprice ($32.87 per PH/s a day, bitcoin $77,672). At the household price of 12.99¢ it would lose $4.47 a day. Break-even: 7.67¢ (US) per kWh. Montana ranks 14 of 64 US states and Canadian provinces for mining on electricity cost.

Network and price Nov 1, 2026, 20:15 UTC · electricity: EIA Electric Power Annual 2025, Table 2.10

Hashprice

$32.87

per PH/s per day

Break-even power

7.67¢

US$ per kWh, 17.5 J/TH

Industrial price

7.03¢

per kWh (2025 avg)

Profit per machine

$0.54

a day, 200 TH/s · rank 14/64

Your mining profit in Montana

Electricity rate

Electricity (US$ per kWh)

Hashrate (TH/s)

Power use (watts)

Machines

Pool fee (%)

Bitcoin price ($)

Network hashrate (EH/s)

Assumes 144 blocks a day, today's fees per block and no change in difficulty or price. Hardware, cooling, hosting and taxes are not included. Example machine: 200 TH/s at 3,500 W (17.5 J/TH).

Bitcoin mining laws in Montana

Montana's "right to mine" law (SB 178, 2023) stops the Public Service Commission from charging miners discriminatory electricity rates and stops local governments from imposing rules on mining businesses that don't apply to data centres, from banning mining in industrial zones, or from banning home mining except under general noise rules.

Sources: archive.legmt.gov · archive.legmt.gov. Not legal advice.

Compare: Neighbouring Ranks

All states and provinces →

Texas$1.11 Tennessee$0.91 Arkansas$0.82 Kentucky$0.75 Saskatchewan$0.68 Washington$0.56 Iowa$0.44 South Carolina$0.34 Mississippi$0.33 North Dakota$0.07 Alabama−$0.05 North Carolina−$0.10

Bitcoin Mining in Montana: FAQ

Is bitcoin mining profitable in Montana?

At today's numbers, yes at industrial rates: about $0.54 a day per 200 TH/s machine before hardware, cooling and hosting costs. At household rates it would lose $4.47 a day. Miners with cheaper contracts or more efficient machines do better.

How much does electricity cost in Montana?

The US Energy Information Administration's 2025 averages for Montana: 12.99¢ per kWh for homes, 11.88¢ for businesses and 7.03¢ for industry (US average: 17.23¢, 13.37¢ and 8.51¢).

Is bitcoin mining legal in Montana?

Yes. Montana's "right to mine" law (SB 178, 2023) stops the Public Service Commission from charging miners discriminatory electricity rates and stops local governments from imposing rules on mining businesses that don't apply to data centres, from banning mining in industrial zones, or from banning home mining except under general noise rules.

What is the break-even electricity price for mining?

7.67¢ (US) per kWh for a 17.5 J/TH machine at today's hashprice; about 10.32¢ for a 13 J/TH machine. It changes every day with the price, fees and network hashrate.